4.6 Article

Formal and Informal Institutions and Development

Journal

WORLD DEVELOPMENT
Volume 38, Issue 2, Pages 137-141

Publisher

PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.worlddev.2009.10.008

Keywords

formal and informal institutions; development; intra-country studies

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Our paper presents a critical review of the literature oil institutional change and the role of institutions in economic development. We discuss the roles and interrelationships of formal and informal institutions and introduce a collection of papers addressing this topic in a variety of development settings. (C) 2009 Elsevier Ltd. All rights reserved.

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